The London Stock Exchange Group have developed a certified transaction reporting foundation course to provide operations and compliance staff with a thorough grounding in the regulatory transaction reporting requirements. As well as detailing the regulatory reporting data standards, the course explains the systems and controls the FSA expects firms to have over transaction reporting.
There are various course dates available throughout 2017. All courses run from 9am- 1.00pm on the day specified.
All course dates will be accompanied by an exam to provide evidence that the candidates have reached an appropriate level of understanding. The exam runs from 9am-10am on the dates listed above.
NB: You will be scheduled to sit the exam in the same month that you take the course. All attendees must ensure they are available for both the course and the relevant exam per the dates listed above. Any attendee not available for the exam must pay an additional £100 re-sit fee.
The foundation course provides training on all the elements essential in meeting the FSA’s transaction reporting requirements including:
Background to the transaction reporting requirements
- Why the FSA requires transaction reports
- Relationship with other EEA regulators
- Possible regulatory action following breaches
Transaction Reporting Basics
- Who is obliged to report
- Fund Manager exemptions
- What transactions need to be reported
- What instruments need to be reported
- Transaction reporting scenarios
- How trading capacity, buy/sell indicator and counterparty fields work together
Data Standards for all the reporting fields
- Cash instruments
- Exchange traded derivatives – ISIN and Alternative instrument Identifier(Aii)
- OTC derivatives
Systems and Controls over transaction reporting
- Importance of reference data
- Governance; roles & responsibilities
- Management Information
The FSA expects firms to have appropriate training for staff in transaction reporting as part of their systems and controls. The London Stock Exchange Group Transaction Reporting Foundation Course provides perfect evidence that this requirement has been met.
£500 plus VAT (UnaVista client rate)
£700 plus VAT (non-UnaVista client rate)
NB: UnaVista clients will be invoiced the fee. Non-UnaVista clients must pay by credit or debit card at time of booking.
Course Tutor - David Nowell
David Nowell is Head of Industry Relations and Regulatory Compliance at the London Stock Exchange. He has over 20 years financial services experience on both sides of the regulatory fence, having worked previously for the FSA, Reuters and Credit Suisse. At Credit Suisse, he was Transaction Reporting Manager, responsible for ensuring compliance across all aspects of the reporting process and advising on new regulatory requirements. Prior to this, Nowell was a Technical Specialist within the Transaction Monitoring Unit at the FSA, where he was responsible for shaping the transaction reporting rules and providing guidance to UK firms.
Who is this course suitable for?
This course is suitable for anyone who transaction reports. It is a foundation level qualification. This must be completed before attending the advanced course.
Please contact us on +44 (0)20 7797 1214 for further details on our products and services.
If you are interested in any of these courses please take a look at our website for details of the next available session.
Can't attend this time? Register your interest here for the next Transaction Reporting Foundation Course.
Before booking, please ensure you have read our cancellation policy.